Saar: Both companies will use the new EV battery technology in their future products.

Honda and General Motors have inked an agreement to co-develop advanced chemistry battery components, including the cell and module. Apart from sharing the technical know-how, both companies will also help each other to accelerate plans for all-electric vehicles. The new EV (electric vehicle) battery tech will deliver high energy density in a smaller packaging and with fast-charging capabilities. Solid-state batteries in the making? Once developed, both companies will use the newly developed battery tech in their respective vehicles and that will start from the North American market.

Sharing the working space to achieve a common goal has one main advantage – cost sharing. That should, in turn, help both the manufacturers to provide the new technology to the end customer at a much lower price than if they worked on it independently.

While announcing this collaboration, Mark Reuss, executive vice president of global product development, purchasing and supply chain at General Motors, said:

“This new, multiyear agreement with Honda further demonstrates General Motors’ capability to innovate toward a profitable electric portfolio. GM’s decades of electrification experience and strategic EV investments, alongside Honda’s commitment to advancing mobility, will result in better solutions for our customers and progress on our zero emissions vision.”

It isn’t the first time that these two auto giants have joined forces for a common goal. They both came together to form the first manufacturing joint venture to produce an advanced hydrogen fuel cell system in the 2020 timeframe. For that project, the idea is to develop and deliver a more affordable commercial solution for fuel cell and hydrogen storage systems.

Takashi Sekiguchi, who is the chief officer for automobile operations and managing officer at Honda, further added:

“In addition to our ongoing joint development and production of fuel cells, this battery component collaboration will enable us to take a new step toward the realization of a sustainable society.”